The USD/CHF H1 chart shows a strong bullish breakout following a period of consolidation. The price recently surged above 0.9170, marking a new local high and signaling increased buying pressure. This move could be attributed to fundamental...
GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as I keep an eye on key economic developments from both the UK and the US. Last week, the Bank of England (BoE) held interest rates at 5.25%, but the dovish tone from policymakers...
USD/JPY Fundamental Analysis: USD/JPY is holding firm as market sentiment remains in favour of the dollar. After last week’s strong U.S. nonfarm payrolls report, the dollar got a fresh boost, reinforcing expectations that the Fed won’t rush into...
GBP/USD Technical AnalysisThe Relative Strength Index (RSI) indicator on the 4-hour chart remains below 40, indicating that the bearish bias remains. The pair was last trading around 1.2310, where the 100-period Simple Moving Average (SMA) and the...
General Points about GBPCHF The GBPCHF market has been moving in favor of buyers over the past week. Market sentiment has remained bullish as price action continues to show signs of strength. The SNB Chairman's speech did not provide much advantage...
